A lot of people already feel left out, Almost like they have missed the opportunity to invest in bitcoin, many are looking to invest in other alt coins. I had a conversation with a friend today about Bitcoin, investment and its very high transaction fees, he expressed his displeasure saying that like him, many others that he knew are no longer considering btc to invest in, rather, they are looking to invest in other crypto's.
Do you think it is too late for someone to invest in btc? Especially when it is not a huge sum?
You are totally wrong, if that is true, why there are too many institutions that invested in bitcoin, there are big and private companies that accept bitcoin.
Bitcoin is being popular and that is the reason bitcoin price now pumped so much because they know that this is a good potential for storing value. Maybe yes, bitcoin has been failed on the peer-to-peer transaction but in storing value people, will believe that they will get more profit upon holding bitcoin.
That is the fact here.
Well, the value of bitcoin will dismiss all such rumors, whether large individuals and companies will invest in a project that is losing popularity and is no longer interesting to investors, maybe people are smart enough and calculated enough to get the answers, we are looking to make money and of course, we will never invest in a project that has lost popularity. Some people's attention shifted to other crypto just because bitcoin has hit a big enough hit this year, chances are less for it than for other crypto but once it cools down, people will start flocking to it again